Authors : Ayodeji Chris Okegbemi; Akpa Innocent Ojochenemi

Volume/Issue : Volume 11 - 2026, Issue 6 - June

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Google Scholar : https://tinyurl.com/yx5pj27w

Scribd : https://tinyurl.com/28jmfrun

DOI : https://doi.org/10.38124/ijisrt/26jun575

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Abstract : Public infrastructure delivery in Nigeria remains plagued by contractor cartels, chronic cost overruns, and systemic budget variances. This study examined the effect of five distinct audit practices including Internal Control, Compliance, Tendering Process, ICT-Based, and Value-for-Money on the financial performance of federal government projects. Employing a cross-sectional quantitative survey design, primary data were collected via structured questionnaires from 135 procurement officers, internal auditors, and finance officers across eight purposively selected federal MDAs, using stratified sampling with equal allocation.

Keywords : Procurement Audit, Public Projects, Nigeria, Value-for-Money, Financial Performance.

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